CAPITAL & COUNTIES PROPERTIES PLC - Holding(s) in Company

London, October 2

NOTIFICATION OF MAJOR INTERESTS IN SHARES

Capital & Counties Properties PLC has received a notification of interests in the Ordinary shares of 25 pence each in the Company as shown below:

 i) Full name of Persons subject   BlackRock, Inc.                          
to the notification obligation                                             
                                                                           
ii)Full name of shares holders    n/a                                      
(if different from i)                                                      
                                                                           
iii) Reason for Notification      An event changing the breakdown of voting
                                  rights.                                  
                                                                           
iv) Date of Transaction           28 September 2012                        
                                                                           
v) Date issuer was notified       1 October 2012                           
                                                                           
vi) Threshold that was crossed    Holding has gone below 18%               
                                                                           
vii) Situation previous to the    Number of shares      123,228,412        
triggering transaction                                                     
                                  Number voting rights  123,228,412        
                                                                           

viii) Resulting situation 
after the triggering transaction  Number of voting      124,571,328        
                                  rights                (indirect)         
                                                                           
                                  % of voting rights    16.54%             
                                                                           

ix) Financial instruments with 
similar economic effect to 
Qualifying Financial 
Instruments -
Resulting situation after the 
triggering transaction            Type of financial     CFD                
                                  instrument                               
                                                                           
                                  Number of voting      8,596,803          
                                  rights instrument                        
                                  refers to                                
                                                                           
                                  % of voting rights    1.14% (Nominal)    
                                                                           
                                                        1.14% (Delta)      
                                                                           
x) Total                          Number of voting      133,168,131        
                                  rights                                   
                                                                           
                                  Percentage of voting  17.68%             
                                  rights                                   
                                                                           
xi) Chain of controlled           BlackRock Investment Management (UK)     
undertakings through which the    Limited - 133,168,131 (17.68%)           
voting rights and/or the                                                   
financial instruments are                                                  
effectively held                                                           
                                                                           
xii) Additional information       BlackRock Regulatory Threshold Reporting 
                                  Team                                     
                                                                           
xiii) Contact Name                Andrew Manchester                        
                                                                           
xiv) Contact telephone number:    020 7743 5773                            

Sara Goldsbrough
Assistant Company Secretary
020 3214 9153

2 October 2012